Bancomer’s Deschamps Elevated

Bancomer’s Deschamps Elevated

July 18, 2012

BBVA has promoted BBVA Bancomer CEO Ignacio Deschamps to be head of a newly created division, Banca Retail, overseeing retail banking at a global level as well as the entirety of its LatAm businesses, it says. Vicente Rodero, who previously oversaw BBVA’s south American operations, replaces Deschamps as chief of Bancomer. Luis Robles Miaja takes over as Chairman of BBVA Bancomer. The changes will be effective October 1. Responsibilities for retail banking at the parent were previously handled by José Maria Garcia Meyer-Dohner, who has left the bank.

BBVA has promoted BBVA Bancomer CEO Ignacio Deschamps to be head of a newly created division, Banca Retail, overseeing retail banking at a global level as well as the entirety of its LatAm businesses, it says. Vicente Rodero, who previously